
\begin{table}[h!]
\caption{Event Study of Voting Behavior in Immigration-Related Referendums and Popular Initiatives. Outcome: Percentage Support for Anti-Immigrant and Placebo Votes Per Year. 
  Sample: Border Region, Travel Minutes $<=$ 30, 1994--2017. The baseline year is 1999. Weights are based on the electoral size of each municipality.}
\begin{center}
\begin{tabular}{l D{)}{)}{9)3} D{)}{)}{9)1} D{)}{)}{9)3} D{)}{)}{9)0}}
\toprule
 & \multicolumn{2}{c}{Anti-Immigrant Votes} & \multicolumn{2}{c}{Placebo Votes} \\
\cmidrule(lr){2-3} \cmidrule(lr){4-5}
 & \multicolumn{1}{c}{Model 1} & \multicolumn{1}{c}{Model 2} & \multicolumn{1}{c}{Model 3} & \multicolumn{1}{c}{Model 4} \\
\midrule
0--15 Minutes X 1994 & -0.52 \; (0.56)        & -2.17 \; (0.95)^{*}     & -1.30 \; (0.53)^{*}    & -0.26 \; (0.81)         \\
0--15 Minutes X 1996 & 0.02 \; (0.68)         & -1.68 \; (1.00)         & -1.10 \; (0.52)^{*}    & -1.47 \; (1.71)         \\
0--15 Minutes X 2000 & 0.24 \; (0.65)         & 0.42 \; (0.79)          & -1.20 \; (0.55)^{*}    & -2.39 \; (3.76)         \\
0--15 Minutes X 2002 & -0.42 \; (0.62)        & -0.32 \; (1.13)         & -1.03 \; (0.75)        & -0.47 \; (1.33)         \\
0--15 Minutes X 2004 & 0.02 \; (0.86)         & -0.06 \; (1.55)         & -0.54 \; (0.61)        & 0.57 \; (1.03)          \\
0--15 Minutes X 2005 & 2.80 \; (0.82)^{***}   & 4.15 \; (1.77)^{*}      & -0.27 \; (0.72)        & 0.76 \; (0.94)          \\
0--15 Minutes X 2006 & -0.50 \; (0.49)        & -0.02 \; (1.37)         & -0.46 \; (0.67)        & 1.66 \; (1.87)          \\
0--15 Minutes X 2008 & 0.43 \; (0.68)         & -0.61 \; (1.03)         & -0.53 \; (0.62)        & -1.83 \; (2.53)         \\
0--15 Minutes X 2009 & 1.55 \; (0.75)^{*}     & 3.63 \; (2.14)          & -1.90 \; (0.54)^{***}  & 0.20 \; (0.79)          \\
0--15 Minutes X 2010 & 0.92 \; (0.69)         & 3.05 \; (2.15)          & 0.68 \; (0.65)         & -0.27 \; (2.91)         \\
0--15 Minutes X 2013 & -0.60 \; (0.44)        & -0.90 \; (1.07)         & 0.06 \; (0.51)         & -0.19 \; (3.07)         \\
0--15 Minutes X 2014 & 1.84 \; (0.67)^{**}    & 3.26 \; (1.54)^{*}      & 0.55 \; (0.67)         & 1.54 \; (0.86)          \\
0--15 Minutes X 2016 & 2.53 \; (0.73)^{***}   & 5.41 \; (2.26)^{*}      & -0.74 \; (0.63)        & 0.26 \; (2.98)          \\
0--15 Minutes X 2017 & 0.82 \; (0.67)         & 3.01 \; (1.84)          & -0.52 \; (0.50)        & -0.77 \; (0.63)         \\
\midrule
Weights              & \multicolumn{1}{c}{No} & \multicolumn{1}{c}{Yes} & \multicolumn{1}{c}{No} & \multicolumn{1}{c}{Yes} \\
Num. obs.            & 19019                  & 19019                   & 14422                  & 14422                   \\
Num. groups: year    & 15                     & 15                      & 15                     & 15                      \\
Num. groups: bfs19   & 962                    & 962                     & 962                    & 962                     \\
\bottomrule
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$}}
\end{tabular}
\label{tab:referendums_es_year}
\end{center}
\end{table}
